Third Quarter 2023 Financial Results Overview
Net Interest Income (NII)
Robust NII (ex-trading) growth of 8%, supported by strong P&C margins and higher volume
Net Interest Margin on Average Interest-Earning Assets (NIM)1
Total Bank NIM (ex. Trading)
1.68%
1.61%
1.66%
1.65%
1.61%
1.67%
1.49%
1.54%
1.51%
1.49%
141
53
(60)
26
(102)
1.65%
3,265
3,338
3,095
3,132
3,161
5 bps
(1)bp
(2) bps
-1 bp YoY
1.67%
Q3/22
Q4/22
Q1/23
Q2/23
Non-Trading NII ($MM)
Trading NII ($MM)²
-NIM
Q3/23
NIM (ex. Trading)
Q2/23
Canadian
P&C
Capital
Markets
Other
Q3/23
Canadian Personal & Commercial NIM1,3
U.S. Commercial & Wealth NIM¹
Reported
Adjusted4
+15 bps YoY
+16 bps YoY
10 bps
3 bps
2.67%
(3) bps
2.57%
5 bps
3 bps
+10 bps YoY
3.46%
3.41%
(3) bps
Q2/23
Deposit
Margin
Asset
Margin
Other
Q3/23
Q2/23
Deposit
Margin
Asset
Margin
Other
Q3/23
Endnotes are included on slides 46 to 51.
CIBC
Third Quarter, 2023
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